Letter To Terminate Real Estate Agent Template for Singapore

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Key Requirements PROMPT example:

Letter To Terminate Real Estate Agent

"I need a Letter To Terminate Real Estate Agent for my Singapore property at 123 Orchard Road, as the agent hasn't shown the property in 3 months despite our exclusive agreement, and I want the termination to take effect from January 15, 2025."

Document background
The Letter To Terminate Real Estate Agent is a crucial document used when a property owner or seller wishes to end their professional relationship with their appointed real estate agent in Singapore. This document should be used when the client wants to formally cease the agent's services, whether during or after an exclusive period, and must comply with Singapore's Estate Agents Act 2010 and CEA guidelines. The letter typically includes termination date, reason for termination, commission considerations, and requirements for returning any property-related documents. It provides legal protection and clear documentation of the termination process.
Suggested Sections

1. Date and Address Block: Current date and recipient's full contact details including agent's name, agency name, and business address

2. Reference Information: Original agreement details including date of agreement and property address

3. Clear Statement of Termination: Explicit statement of intention to terminate the agency agreement with reference to relevant clause

4. Effective Date: Specific date when the termination takes effect, considering notice period requirements

5. Reason for Termination: Brief explanation of termination reasons if applicable

6. Closing and Signature: Professional closing, name and signature of sender with contact details

Optional Sections

1. Commission Statement: Statement regarding any outstanding commission matters or potential claims for properties already shown

2. Property Document Return: Request for return of any property documents, keys, or materials provided during the agency period

3. Legal Rights Reservation: Statement reserving legal rights under the Estate Agents Act and common law, used in contentious terminations

Suggested Schedules

1. Original Agency Agreement: Copy of the original estate agency agreement being terminated

2. Property Viewing Log: Record of property viewings conducted by the agent, relevant for commission claims

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Estate Agents Act 2010: Primary legislation governing the regulation of estate agents and salespersons in Singapore, outlining their rights, obligations, and requirements for agency agreements

Estate Agents (Estate Agency Work) Regulations 2010: Subsidiary legislation detailing prescribed estate agency agreements and specific requirements for agreement termination

CEA Guidelines: Professional guidelines issued by Council for Estate Agencies including standard forms, practices, and Code of Ethics and Professional Client Care

Singapore Contract Law: General contract law principles governing termination terms, notice periods, and conditions for early termination of agreements

Exclusive Period Requirements: Considerations regarding whether termination falls within or outside the exclusive marketing period specified in the original agreement

Notice Period Requirements: Mandatory notice periods that must be given as specified in the original agency agreement

Commission Obligations: Requirements regarding any commission payments for properties already shown or deals in progress

Documentation Requirements: Necessary documentation including reasons for termination and formal handover of property documents or keys

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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